RDP 8709: Estimating the Inflationary Effects of Depreciation Equation (1)

P_{d_{t}} = a + Σ_{i = 0}^{Q} b_{i} (w_{t - i} - z) + Σ_{i=0}^{m} c_{i} P_{e_{t - 1}} + Σ_{i=0}^{n} d_{i} p_{m_{t - i}} + {eD}_{t} + ε_{t}